Tagged: Business

Mounting discontent among the United Auto Workers rank and file will complicate its leaders’ bid to recover from the defeat of a proposed labor agreement with No. 3 U.S. automaker Fiat Chrysler Automobiles NV,...

LONDON — The market for military drones is expected to almost double by 2024 to beyond $10 billion (€8.9 billion), according to a report published Friday by specialist defense publication IHS Jane’s Intelligence Review....

Russian company has equipped lightweight spacesuit with the great feature of climate control and unique safety systems for astronauts aboard the International Space Station. The exclusive new spacesuits for Russian cosmonauts on ISS use...

Home-grown e-commerce major Flip kart may be lauded for the employee reimbursement, including a motherhood leave policy fixed in place, but the company has failed to keep its delivery staff pleased a team it owes most of...

Recently published reports on leading newspapers reveals today that Flipkart and Snapdeal, one of India’s first unicorn startups, are in search of fresh funding rounds, to the tune of $1 Billion from existing investors. These...

Eurozone private sector business activity slowed in July but was holding up much better than expected against a “rollercoaster” Greek debt crisis, a key survey showed Friday. The closely watched Markit Economics Composite Purchasing...

Volkswagen has dove into an out and out initiative emergency after Chief Executive Martin Winterkorn let it be known on Saturday he will battle for his employment despite the fact that the carmaker’s director...

Focus!!Focus!!Focus!! Many first-time entrepreneurs feel the need to jump at every “opportunity” they come across. Opportunities are often wolves in sheep’s clothing. Avoid getting side-tracked. Juggling multiple ventures will spread you thin and limit...

The burger chain that put “supersize” into the American vernacular is slimming down: For the first time in more than 40 years, and perhaps ever, McDonald’s says the number of U.S. restaurants it has...

The European Union’s anti-trust watchdog opened a formal investigation on Thursday into Amazon’s e-book distribution, in the latest Brussels inquiry to target the US-based Internet retailer. The European Commission, the EU executive’s arm, is...

Exports in the world’s second largest economy, China, fell for a third consecutive month in May, highlighting slowing demand in the country. Exports fell 2.5% from a year ago in dollar denominated terms, and...

The Federal agency that regulates civil aviation in America is planning to use its framework for licensing space launches to licensing business on the Moon, according to a scoop from Reuters this morning. Are...

McDonald’s has said it will restructure its business and increase its number of franchised restaurants globally. The fast-food chain reported poor results for the first quarter of 2015. Chief executive Steve Easterbrook said he wanted to...

A Japan Railway maglev train hit 603 kilometers per hour (374 miles per hour) on an experimental track in Yamanashi Tuesday, setting a decisive new world record. A spokesperson said the train spent 10.8...

Thailand says it has seized four tonnes of ivory hidden in bean sacks tracked from the Democratic Republic of Congo in what authorities called the biggest bust in the country’s history. The 739 elephant...

China’s monetary development hindered further in the three months, growing 7% contrasted with a year before,its slowest pace subsequent to the worldwide money related emergency in 2009. The rate was lower than the 7.3%...

The China-drove Asian Infrastructure Investment Bank (AIIB) will be incline, clean and green, its between time boss said, playing down concerns over straightforwardness and benchmarks representing the organization. The $50 billion bank, anticipated that...

Swedish fashion retailer Hennes & Mauritz (H&M) has said “strong” store and online expansion led to improved sales and profits in the first quarter. The firm, one of the world’s biggest fashion retailers, reported...

Regulators in the United States have criticised two UK banks for failing to make adequate provisions in the event of their collapse. They said HSBC and Royal Bank of Scotland (RBS) must improve their...

Most Asian stocks fell on Tuesday following weak manufacturing data from China and Japan. Asia’s two largest economies saw factory activity expand at a slower pace in March, suggesting that their recovery may be...